Bhutan: Economy

Growth of Bhutan’s economy accelerated in Fiscal Year 2015 on revived domestic demand and continued expansion of construction on large hydropower projects. The outlook is for moderately higher growth from new hydropower output, strong domestic demand, and strengthened fiscal programs for economic diversification and small enterprise development. Strategies to enhance education and labor skills that are more attuned to economic demands will help make growth in Bhutan more inclusive. Read more from Asian Development Outlook 2016


Economic forecasts for South Asian countries

Country 2016 2017
Afghanistan 2.0 3.0
Bangladesh 6.7 6.9
Bhutan 6.4 6.1
India 7.4 7.8
Maldives 3.5 3.9
Nepal 1.5 4.8
Pakistan 4.5 4.8
Sri Lanka 5.3 5.8
Average 6.9 7.3
Country 2016 2017
Afghanistan 3.0 3.5
Bangladesh 6.2 6.5
Bhutan 4.0 5.0
India 5.4 5.8
Maldives 1.2 1.4
Nepal 10.5 8.2
Pakistan 3.2 4.5
Sri Lanka 4.5 5.0
Average 5.2 5.7
Country 2016 2017
Afghanistan 2.0 -0.7
Bangladesh -0.5 -1.0
Bhutan -28.8 -27.0
India -1.6 -1.8
Maldives -12.6 -10.5
Nepal 10.3 6.4
Pakistan -1.0 -1.2
Sri Lanka -2.0 -1.8
Average -1.4 -1.6

Source: Asian Development Outlook 2016